{"id":552747,"date":"2026-02-07T14:52:55","date_gmt":"2026-02-07T14:52:55","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/02\/07\/what-crashed-bitcoin-three-theories-behind-btcs-trip-below-60k\/"},"modified":"2026-02-07T14:52:55","modified_gmt":"2026-02-07T14:52:55","slug":"what-crashed-bitcoin-three-theories-behind-btcs-trip-below-60k","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/02\/07\/what-crashed-bitcoin-three-theories-behind-btcs-trip-below-60k\/","title":{"rendered":"What crashed Bitcoin? Three theories behind BTC’s trip below $60K"},"content":{"rendered":"

\"What<\/p>\n

Hong Kong hedge funds\u2019 leveraged BTC price bets are emerging as the main trigger behind Bitcoin\u2019s sharp month-long sell-off.<\/p>\n

Bitcoin (BTC<\/a>) experienced on of the biggest sell-offs over the past month, sliding more than 40% to reach a year-to-date low of $59,930 on Friday. It is now down over 50% from its October 2025 all-time high near $126,200.<\/p>\n

Key takeaways<\/strong>:<\/p>\n

Analysts are pointing to Hong Kong hedge funds and ETF-linked U.S. bank products as possible drivers of BTC\u2019s crash.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Hong Kong hedge funds\u2019 leveraged BTC price bets are emerging as the main trigger behind Bitcoin\u2019s sharp month-long sell-off. Bitcoin (BTC) experienced on of the biggest sell-offs over the past month, sliding more than 40% to reach a year-to-date low of $59,930 on Friday. It is now down over 50% from its October 2025 all-time […]<\/p>\n","protected":false},"author":1,"featured_media":552748,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-552747","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/552747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=552747"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/552747\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/552748"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=552747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=552747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=552747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}